Edition:
United Kingdom

United Utilities Group PLC (UU.L)

UU.L on London Stock Exchange

766.60GBp
12 Dec 2018
Change (% chg)

17.60 (+2.35%)
Prev Close
749.00
Open
749.40
Day's High
770.80
Day's Low
745.40
Volume
1,769,120
Avg. Vol
2,209,431
52-wk High
833.00
52-wk Low
648.60

Latest Key Developments (Source: Significant Developments)

John McAdam To Retire As Rentokil And United Utilities Chair - Sky News
Tuesday, 11 Dec 2018 

Dec 11 (Reuters) - :JOHN MCADAM TO RETIRE AS RENTOKIL AND UNITED UTILITIES CHAIR - SKY NEWS.  Full Article

United Utilities H1 Underlying Pretax Profit 240 Mln Stg
Wednesday, 21 Nov 2018 

Nov 21 (Reuters) - United Utilities Group PLC ::H1 UNDERLYING PRETAX PROFIT 240 MILLION STG.REMAIN ON TRACK TO DELIVER A CUMULATIVE AMP6 ODI REWARD.INTERIM DIVIDEND IN LINE WITH AMP6 GROWTH POLICY.HY UNDERLYING OPERATING PROFIT OF £367.8M (REPORTED OPERATING PROFIT OF £339.1M).HY REVENUE WAS UP £40 MILLION, AT £916 MILLION.HY UNDERLYING OPERATING PROFIT WAS UP £24 MILLION, AT £368 MILLION.TOTAL NET REGULATORY CAPITAL INVESTMENT IN FIRST HALF OF YEAR WAS £393 MILLION INCLUDING IRE AND ADDITIONAL CAPEX.BOARD HAS PROPOSED AN INTERIM DIVIDEND OF 13.76 PENCE PER ORDINARY SHARE, AN INCREASE OF 3.9 PER CENT.HY UNDERLYING PROFIT BEFORE TAX WAS UP £46 MILLION, AT £240 MILLION.  Full Article

United Utilities Signs AI Framework Agreement With Canada's Emagin
Monday, 29 Oct 2018 

Oct 29 (Reuters) - United Utilities Group PLC ::SIGNED FRAMEWORK AGREEMENT WITH CANADA'S EMAGIN TO ROLL OUT AI ACROSS ITS ENTIRE WATER NETWORK IN NORTH WEST OF ENGLAND.NOW PLANS TO DEPLOY ARTIFICIAL INTELLIGENCE PLATFORM IN PHASES ACROSS WHOLE NORTH WEST REGION BY END OF 2019.  Full Article

United Utilities Sees Higher First-Half Profit, Revenue
Friday, 28 Sep 2018 

Sept 28 (Reuters) - United Utilities Group PLC ::TRADING STATEMENT.CURRENT TRADING IS IN LINE WITH GROUP'S EXPECTATIONS FOR SIX MONTHS ENDING 30 SEPTEMBER 2018..GROUP REVENUE IS EXPECTED TO BE HIGHER THAN FIRST HALF OF LAST YEAR, REFLECTING OUR ALLOWED REGULATORY REVENUE CHANGES.EXPECT UNDERLYING NET FINANCE EXPENSE FOR FIRST HALF OF 2018/19 TO BE AROUND £30 MILLION LOWER THAN FOR FIRST HALF LAST YEAR.WE EXPECT A SMALL INCREASE IN GROUP NET DEBT AT 30 SEPTEMBER 2018 COMPARED WITH POSITION AS AT 31 MARCH 2018.EXPECT TO INVEST ADDITIONAL £80 MILLION IN FINANCIAL YEAR.ANTICIPATE OPERATING COSTS ASSOCIATED WITH EXCEPTIONAL DRY WEATHER PERIOD TO BE AN ADJUSTED ITEM FOR HY.UNDERLYING OPERATING PROFIT FOR FIRST HALF OF 2018/19 IS EXPECTED TO BE HIGHER THAN FIRST HALF OF 2017/18.  Full Article

United Utilities To Cut Avg. Bills By 10.5 Pct In Real Terms For 2020-2025
Monday, 3 Sep 2018 

Sept 3 (Reuters) - United Utilities Group PLC ::PLANS 10.5% REDUCTION IN REAL TERMS IN AVERAGE BILLS BETWEEN 2020 AND 2025.REDUCTION OF OVER £1BN IN EXPENDITURE COMPARED WITH AMP5 BETWEEN 2020 AND 2025.ADOPTING AN RPI-STRIPPED APPOINTEE COST OF CAPITAL OF 2.4% CONSISTENT WITH OFWAT'S EARLY VIEW BETWEEN 2020 AND 2025.  Full Article

UT Group to retire treasury shares
Monday, 23 Jul 2018 

July 23(Reuters) - UT Group Co Ltd <2146.T>:Says it will retire 293,333 shares (0.7 percent of outstanding) of its common stock on July 31.Says the total shares outstanding 40.4 million shares after the retirement.  Full Article

United Utilities Sees Slightly Higher FY Revenue
Tuesday, 27 Mar 2018 

March 27 (Reuters) - United Utilities Group Plc ::CURRENT TRADING IS IN LINE WITH GROUP'S EXPECTATIONS FOR YEAR ENDING 31 MARCH 2018.FY GROUP REVENUE IS EXPECTED TO BE SLIGHTLY HIGHER THAN LAST YEAR.UNDERLYING OPERATING PROFIT FOR 2017/18 IS EXPECTED TO BE MODERATELY HIGHER THAN 2016/17.IRE INCREASED SLIGHTLY IN SECOND HALF OF YEAR, ALTHOUGH FULL YEAR IRE FOR 2017/18 IS EXPECTED TO BE SIMILAR TO LAST YEAR.RPI INFLATION HAS INCREASED THIS YEAR WHICH IS EXPECTED TO INCREASE FY REGULATORY CAPITAL VALUE (RCV) BY AROUND £400 MILLION.EXPECT A SMALL INCREASE IN GROUP NET DEBT AT 31 MARCH 2018 COMPARED WITH POSITION AS AT 30 SEPTEMBER 2017.MAINTAIN EXISTING GUIDANCE ON FY CAPITAL EXPENDITURE AND OUTCOME DELIVERY INCENTIVES.ON TRACK TO SUBMIT PR19 BUSINESS PLAN IN SEPTEMBER 2018.  Full Article

United Utilities Updates on 2019 Price Review Update​
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - United Utilities Group Plc ::‍UNITED UTILITIES 2019 PRICE REVIEW UPDATE​.ADVANCED IN PLANS FOR PR19, INFORMED BY EXTENSIVE ENGAGEMENT WITH CUSTOMERS REGARDING THEIR NEEDS AND PRIORITIES.IN MAY 2018, WILL PROVIDE EARLY EVIDENCE ON COMPANY SPECIFIC FACTORS AFFECTING WHOLESALE AND RETAIL OPERATIONS IN NORTH WEST.  Full Article

United Utilities says underlying oper profit of 344 mln stg vs. 312.5 mln stg
Wednesday, 22 Nov 2017 

Nov 22 (Reuters) - United Utilities Group Plc ::H1 REPORTED PRETAX PROFIT 242.3 MILLION STG VERSUS. 158.4 MILLION STG .INTERIM DIVIDEND 13.24 PENCE PER SHARE.HY REVENUE OF 876 MILLION POUNDS VERSUS. 853 MILLION POUNDS, A YEAR AGO ‍​.HY UNDERLYING OPERATING PROFIT OF 344 MILLION POUNDS VERSUS. 312.5 MILLION POUNDS, A YEAR AGO ‍​.UNITED UTILITIES -AVERAGE BILLS SET TO REDUCE IN REAL TERMS OVER 10 YRS PERIOD TO 2020, TO DOUBLE NUMBER OF CUSTOMERS THROUGH AFFORDABILITY SCHEMES OVER AMP6​.‍TOTAL NET REGULATORY CAPITAL INVESTMENT IN H1, INCLUDING £70 MILLION OF INFRASTRUCTURE RENEWALS EXPENDITURE, WAS £394 MILLION​.‍REMAIN ON TRACK TO DELIVER A TOTAL OF AROUND £800 MILLION OF REGULATORY CAPEX FOR FULL YEAR​.HY REGULATORY CAPITAL VALUE GEARING OF 61 PERCENT VERSUS. 62 PERCENT, A YEAR AGO ‍​.GROUP BENEFITS FROM HEADROOM TO COVER ITS PROJECTED NEEDS INTO 2019, ENHANCED BY RECENT RAISING OF NEW FINANCE​.  Full Article

United Utilities pays 20 mln stg as compensation for cryptosporidium incident
Tuesday, 10 Oct 2017 

Oct 10 (Reuters) - United Utilities Group Plc ::CONCLUSION OF COURT HEARING FOLLOWING 2015 CRYPTOSPORIDIUM INCIDENT‍​.UNITED UTILITIES GROUP PLC - ‍ROOT CAUSE IDENTIFIED AS RUN-OFF WATER FROM AGRICULTURAL LAND FOLLOWING SEVERE RAINFALL​.UNITED UTILITIES GROUP PLC - ‍C£20 MILLION COMPENSATION PAID TO CUSTOMERS WHO WERE ADVISED TO BOIL THEIR WATER AS A PRECAUTION​.  Full Article

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United Utilities HY profit jumps on government incentives, lower costs

British water supplier United Utilities on Wednesday said first-half earnings jumped 23.7 percent, helped by incentives from the country's regulator and lower costs.